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What a prediction market thinks of the Herman Cain scandal

Over at the prediction market Intrade.com, as of this afternoon, there’s not much reason for concern about Cain’s scandals, because there’s little expectation that Cain will be the GOP nominee.

(He’s fallen over the course of the day, but the distance has been short, as he was never that high anyway.)

Just over 70% expect Romney to be the GOP nominee, and exactly half think Obama will be re-elected.

Scandal or no scandal, a major prediction market still sees 2012 at it did days ago: an Obama-Romney contest.

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